Yesterday's market prediction was accurate. Congratulations to those who followed along—this round was a big win!!!

Analysis and Trading Strategy for BTC Price Drop on March 9, 2026
Market Review and Technical Analysis
Early this morning, BTC continued its weak trend from last week, maintaining a unilateral downward movement. The price dipped to a low of $65,500, falling over 2,000 points from the previous day's high, marking a two-week low. Technical indicators show that the daily chart closed with consecutive bearish candles. Although the MACD green histogram has shortened, the bearish momentum still dominates. The RSI (35-40) remains in the weak zone, and the Bollinger Bands are opening downward, with the price running close to the middle and lower bands. The short-term weak trend remains unchanged. On the 4-hour chart, the TD indicator shows a red 13 rebound signal, but the rebound strength is limited, with the price constrained by the MA20 (around $66,500). If the price breaks below the previous low of $65,500, it could further decline toward the weekly support levels of $64,500-$62,800.

Trading Strategy and Key Levels

Primarily short on rebounds:
Short entry zone: If the price rebounds to around $68,500-$68,800 and faces resistance, consider gradually opening short positions. Set stop-loss above $69,300, with targets at $67,000-$65,500. If broken, look toward $64,500.
Key resistance: The $70,000 psychological level is an important barrier. A rebound above $69,500 warrants caution against false breakouts.

Secondary long positions:
Long entry zone: If the price stabilizes between $65,000-$65,300 and does not break the previous low, consider small long positions. Set stop-loss below $64,500, with targets at $66,800-$68,000.
Add-on opportunities: If the support at $65,500 proves effective and accompanied by increased volume rebound, consider short-term long positions to attempt a market correction.

Risk Warning:
Market sentiment is currently in extreme fear (Fear & Greed Index at 12). Short-term volatility may intensify, so beware of sudden sharp moves.
It is recommended to build positions gradually with small lots, strictly setting stop-losses (suggested $800-$1,000) to avoid heavy losses in adverse moves.
Pay attention to the Federal Reserve policy signals and changes in BTC holdings. If the price drops below $64,500, exit positions promptly.

Summary: Today’s strategy focuses on shorting rebounds, with key levels at $68,500-$68,800 resistance and $65,500 support. Adjust positions dynamically based on technical indicators.